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16216 8th Ave

Spanaway, WA 98387

4 bd 3 ba 2,702 sqft Built 2022 Lot 4,500 sqft single_family
Most recent sale
$685,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2025 Listed $650,000 NWMLS
Mar 22, 2025 Price changed $669,000 NWMLS
Mar 6, 2025 Price changed $674,999 NWMLS
Feb 27, 2025 Price changed $684,999 NWMLS
Feb 20, 2025 Listed $694,999 NWMLS
Jul 8, 2022 Sold $685,000 MLS #1966980

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $430,600 $176,400 $607,000 $6,751
2025 $430,600 $176,400 $607,000 $6,545
2024 $427,800 $158,700 $586,500 $6,735
2023 $499,800 $158,700 $658,500 $7,398

Property facts

Year built
2022
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,702 sqft
Lot size
4,500 sqft
ZIP code
98387
City
Spanaway
Street
8th Ave
Coordinates
47.10956, -122.42098

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,215
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 16216 8th Ave last sell?
16216 8th Ave most recently sold on Jul 8, 2022 for $685,000.
What is the current tax assessment for 16216 8th Ave?
The most recent total assessment for 16216 8th Ave (year 2026) is $607,000 with $6,751 in property tax.
How does 16216 8th Ave's assessment compare to its last sale price?
The current assessment is 11.4% below the last sale price of $685,000.
When was 16216 8th Ave built?
16216 8th Ave was built in 2022.
How does 16216 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 16216 8th Ave?
16216 8th Ave is a 4 bed, 3 bath, 2,702 sqft, 4,500 sqft lot single_family.
Is 16216 8th Ave a flip candidate?
No — 16216 8th Ave does not appear in our flips dataset.
Is 16216 8th Ave a tax-appeal candidate?
No — 16216 8th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$556.4K
2026 Q4
$568.5K
ZIP 98387 — Median Price History + Forecast

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